Shenyang Fortune Precision Equipment Co. Ltd. A (688409) — Cash Flow Quality Index
Shenyang Fortune Precision Equipment Co. Ltd. A (688409) has a Cash Flow Quality Index of -0.26x as of December 2024. Operating cash flow of CN¥-52.15 Million is below net income of CN¥202.65 Million, suggesting accrual-heavy earnings not yet converted to cash. Explore 688409 operating cash flow to total debt to assess how comfortably operating cash covers total debt obligations.
Cash Flow Quality Index
Operating Cash Flow
Net Income
Data as of
Shenyang Fortune Precision Equipment Co. Ltd. A Cash Flow Quality Index (2020–2024)
Historical Cash Flow Quality Index for Shenyang Fortune Precision Equipment Co. Ltd. A across 5 annual periods. Values consistently above 1.0x indicate high-quality earnings. For the full cash flow conversion analysis, see 688409 cash flow conversion.
Annual Cash Flow Quality Index for Shenyang Fortune Precision Equipment Co. Ltd. A (2020–2024)
Year-by-year earnings quality comparison for Shenyang Fortune Precision Equipment Co. Ltd. A.
| Year | Quality Index | Operating CF (CNY) | Net Income | YoY Change |
|---|---|---|---|---|
| 2024 | -0.26x | CN¥-52.15 Million | CN¥202.65 Million | ▲ +88.8% |
| 2023 | -2.29x | CN¥-386.38 Million | CN¥168.69 Million | ▼ -2420.3% |
| 2022 | -0.09x | CN¥-22.32 Million | CN¥245.64 Million | ▼ -107.3% |
| 2021 | 1.24x | CN¥157.34 Million | CN¥126.49 Million | ▼ -34.0% |
| 2020 | 1.89x | CN¥176.33 Million | CN¥93.50 Million | — |